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Guy Carpenter names new head of credit, bond and political risk practice

Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies, has promoted Gregory King-Underwood to head of the credit, bond and political risk practice of Guy Carpenter International.   25 July 2018

Insurance

BPL Global creates new specialist division for excess of loss

Specialist credit and political risk insurance broker BPL Global has created a new specialist division dedicated to excess of loss (XoL) trade credit insurance with a specific focus on the trade finance sector.   24 July 2018

Insurance

JLT taps Beazley, Marsh, Aon for European cyber expansion

JLT Specialty, a subsidiary of Jardine Lloyd Thompson Group, has expanded its European cyber practice based in London and Stockholm with the appointment of four new members.   23 July 2018

Insurance

Brit swoops for Travelers special risks underwriter

Specialty re/insurer Brit has appointed Stephen Quinton to the role of class underwriter, kidnap and ransom (K&R), effective as of Sept. 3. He joins Brit from Travelers Syndicate Management.   23 July 2018

Insurance

Capsicum poaches Tysers trio to build professional liability capabilities

Capsicum Delegated Authority (Capsicum DA), a specialist binding authority broker, has hired David Doe from Lloyd's broker Tysers to establish a new professional liability specialism.   23 July 2018

Insurance

Beazley seeks CFO as Bride leaves

Specialist insurer Beazley has started a search for a new group finance director to replace Martin Bride.   20 July 2018

Insurance

Beazley H1 results hit by property reserves

Specialist insurer Beazley’s first half 2018 profits were dampened by reserve strengthening in the property division as well as a “much lower” investment return than the same period in 2017, according to CEO Andrew Horton.   20 July 2018

Insurance

AGCS appoints RSA exec as regional market head

Allianz Global Corporate & Specialty (AGCS) has appointed Jen Rex to the role of head of market management for its regional unit London (RUL), which includes UK, Ireland, Nordic Region, Dubai, and Russia.   20 July 2018

Insurance

Beazley records 3% rate increase in H1

Beazley saw rates overall rise by 3 percent in the first half of 2018 with the property business benefitting most with prices going up by 10 percent, according to CEO Andrew Horton.   20 July 2018

Insurance

Clark replaces Beale as CII president

Jonathan Clark has been elected president of the Chartered Insurance Institute for 2018/2019, replacing Lloyd’s CEO Inga Beale.   18 July 2018

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